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PAE
What are business skills? successful business. If you are a business
Business skills are skills that help people owner, these skills equip you with the ability
understand the consumer and organizational to meet the needs of both your consumers
behavior and use this information to promote and employees. As a potential or current
the success of the company. Business employee, business skills can set you apart
skills are often considered soft skills and from other workers and help you advance
may include team management, leadership within your career.
and communication skills. These skills
are primarily important for entrepreneurs, Additionally, your business or career can
company owners and managers, however, benefit from business skills by allowing you or
more and more employers look for job your company to:
candidates who possess a combination of Maintain high product quality
both business and technical skills.
Build excellent customer relations and
Specific examples of business skills include: customer care standards
Time management skills Increase performance, productivity
and profits through efficient planning,
Team-building skills
management and implementation of
Analytical skills business aims and goals
Negotiation skills Form a sound financial base and
maintain a prudent financial policy
Problem-solving skills
Maintain a positive and productive
Sales and marketing skills company culture
Financial management skills Motivate employees to perform at their
best
Business skills will vary between company
type and industry. For example, a person Establish profitable sales and marketing
working in the finance industry may be channels
required to have business skills that include
being able to produce financial reports and Examples of business skills
analyze the market. Someone who works There are several different business skills you
in management should be able to properly can benefit from in the workplace. While some
delegate and communicate with team types of businesses or positions may require
members. specific talents, several skills are common
across industries.
Why are business skills important?
Business skills are a fundamental component On the next page are six business skills you
of starting, running and managing a can benefit from mastering, regardless of the
industry you work in:
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